Problems and prospects of employees in the wake of Demonetization with Special Reference to the Postal Department, Calicut Division

ICCMCT-2018 | Special Issue | September 2018 | Published Online: 29 September 2018    PDF ( 188 KB )
Author(s)
K. I. Sivaprasad 1; P. T. Raveendran (Dr) 2

1Research Scholar, Department of Management Studies, Thalasseri campus, Kannur University, Kannur (India)

2Professor, Kannur University, Kannur (India)

Abstract

Demonetization for us means that Reserve Bank of India has withdrawn the old Rs five hundred and Rs thousand currencies as an official mode of payment. This move was expected to purify the formal economic structure and dispose of black money from the system. Public addressed demonetization with a mixed response but it accelerates the workload and stress-related issues of employees, including women workforce endured the hardship of extended work hours and customer anger. This study is based on a search, how a women employee in the post office perceives Demonetization move in the light of current value system and commitment aspects. This is a descriptive study which aims to identify demographic dimensions which make influences among women employees in a few aspects with regard to their perceptional differences, values and also the commitment towards the nation. Data collected from women employees from the Postal Department, Calicut Division through the primary survey using questionnaire. The simple random method is adopted for choosing samples and the total number of samples is 100. Analysis has done with the help of using tools like ANOVA and Descriptive statistics. The majority were agreed that the action against black money and corruption is a need of the hour but they take a dubious stand on deciding whether this is the right time to implement. They (Employees) were extremely happy to get an opportunity to serve our country by catering the needs of the public at the time of Demonetization and also they are very proud on their institution to be a part of demonetization move. The conclusion is that only progressive and determined society can think about changes and it will be a litmus test for a leader to prove his capability through realizing the expectations of a common man who lives in the bottom of the society.

Keywords
Demonetization, Women workforce, Stress, perception, Value, Organizational Commitment
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